But…Chair Powell now says, “A reasonable base case is that the effects on inflation will be relatively short-lived—a one-time shift in the price.”They finally admitted it.

Personally my tech stack looks like this:Docusign - signing leases (technically rentredi can do this I think, I'm just too lazy to change)Rentredi - applications for properties, tenant payment platform, maintenance request trackingBaselane - Banking (you may not need this yet with only one property but SO great to have multiple accounts for multiple props)Notion - SOP docs, how to's, general instructions in databases and pagesTango - use to record step by step instructions of specific tasks and link in Notion pages where necessaryI also self manage, and most of my communication is with tenants, handyman, and occasionally banks, so I don't have a great rec for how to most effectively communicate with a PM, however if you have a project database set up in Notion it should be easy to create the steps you want and track how you like

The buyer receives the dead and becomes the legal owner, but the original mortgage (in the seller's name) stays in effect.

My point is the refi might not make sense at that rate, not sure because the credit and LTV will effect the cost, but willing to bet you can do MUCH better in costs elsewhere. 

Simply put, there are a few ways to go about it and we will share our most effective techniques with you below.Use the Search Feature to Discover Motivated SellersWhether you’re spending time on Facebook, Twitter, Instagram, or another social media platform, the search feature could come in very handy to help you discover motivated sellers.

Since the texting 10 DLC / A2P regulations went into effect in October 2023, it reset the marketing channel and now very few investors are texting in bulk due to all the hurdles you need to jump through to get your account approved for texting.For me, keeping my cost per deal low is very important.

Given resources and economic/political priorities as they are, it will probably continue to be tough to effectively enforce rental ordinances or any kind.All the best on your Detroit real estate adventures!

I was surprised by the examples you provided still show allowing it on carryover basis - because to me I always read it as because part of the basis is effectively from an asset you've used before- regardless of if the replacement asset is brand new or not, that portion of basis wouldn't qualify. 

The LTR market has softened as well, so this isn't unique to STR and is effecting all properties.

Sign of a soft market with increasing DOM.How well do you understand the seasonal effect on DOM and absorption rates?